Trade Responsibly. Trade Responsibly.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Spread Betting vsCFD Trading

Spread Bets and CFDs are leveraged financial products that enable investors to open positions on the market, without having to put up the full capital. Spread Betting and CFD trading are forms of derivatives trading, meaning that you aren’t taking ownership of the underlying asset, but opening a position based on whether you expect the value of an instrument to rise or fall.

The differences between Spread Betting and CFD trading, and the advantages of each when trading with FxPro, are covered in more detail in the table below:
Spread Betting
Contracts for Difference (CFDs)
Tax-Free 1
No Stamp Duty
Commission-Free No commission on FxPro MT4 and FxPro MT5. $35 per $1million traded (upon opening and closing a position) on FxPro cTrader
Trade Rising and Falling Markets
Instruments Available Forex, Spot Indices, Spot Metals and Spot Energy. Forex, Futures, Spot Indices, Spot Metals and Spot Energy
24/5 Trading
Leverage
Order Execution Markets Instant or Market
Demo Account
Trading Mechanics Trade a certain amount per point of market movement Trade lot sizes on Forex and Commodities
Platforms Web Desktop, web and mobile
Profit and Loss Calculated by multiplying your stake by the number of points the market moves Calculated by multiplying your position size by the number of pips gained or lost
NBP/Limited Risk Account 2
Stop Loss / Take Profit
Spreads Floating spreads Fixed and Floating spreads
Account Currencies USD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR 3

Is Spread Betting Suitable for Me?

As a leveraged financial product, Spread Betting has the potential to be profitable albeit involving a certain amount of risk. As such, Spread Betting may be more suitable for active traders that are:

Interested in tax-free3 profits
Looking for short-term opportunities
Interested in diversifying their portfolio
Relatively experienced in online trading

1   Tax laws are subject to change and depend on individual circumstances.

2   Subject to the FxPro Order Execution Policy.

3   ZAR is only available to clients of FxPro Financial Services Limited.